Bill here. As the Wall Street Journal article asks, with oil prices going up, food prices going up, and interest rates staying put, could inflation be around the corner? The Bernanke says no. Partly because… …he sees no big rise in “inflation expectations,” the wage and price increases that business executives, consumers, workers and investors [...]
Entries from February 24th, 2011
Tinkerbernankenomics Makes Inflation Go Poof!
February 24th, 2011 · 2 Comments · bernanke
Tags:inflation
This Guy Foreclosed on Wells Fargo
February 19th, 2011 · 3 Comments · all ur bankz, win
Okay, picture this. You’re minding your own business in the big Victorian house you bought in 2002, well before the market was frothy, when you suddenly get a notice in the mail that says that your lender wants you to insure the home for a million dollars for full replacement value, despite that sum being [...]
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Your Sovereign Debt Lives At Home With Its Mom
February 13th, 2011 · 1 Comment · fail
From the department of “does correlation equal causation?” we find this absolutely fascinating chart via FreeExchange: To paraphrase Kanye, I ain’t sayin’ I’m a golddigger, but I ain’t messin’ with no broke sovereigns. Would also like to see a chart of how many nations’ leaders leave the G20 conference and drive off in a Hyundai [...]
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AOL Buys Huffington Post
February 7th, 2011 · 2 Comments · Uncategorized
You read that right – AOL buys Huffington Post for $315 million. Arianna Huffington announced the agreement on her website after the end of Super Bowl 45. We think it would have made for better television had they announced the agreement in a commercial during Super Bowl 45, something along the lines of the GoDaddy [...]
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Nasdaq Hacked, Sorta
February 5th, 2011 · 1 Comment · markets
Nashaq! Word came out yesterday that Nasdaq found some unwanted files on one of their servers late last year, and no, I’m not talking about naked pictures of Maria Bartiromo: Computer hackers have breached the systems of the company that runs the Nasdaq stock exchange in New York but did not penetrate the part of [...]
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